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by gorfxx
126 days ago
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Every 30 mins the UK energy suppliers put in a bid for how much energy they can produce and what price they will do it for. The UK then selects the cheapest N companies to fufill the predicted energy demand. Each company selected is then paid the price of the most expensive supplier chosen which is usually gas.This is a simplification of what the Octopus Energy CEO explains in the link below starts ~1:40. https://youtu.be/5WgS-Dsm31E |
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